Arrington XRP Capital

From CryptoWiki

Basics

  • Founded in 2017
  • Arrington XRP Capital is a digital asset management firm launched by TechCrunch founder Michael Arrington. The $100 million fund chose Ripple (XRP) as its base denomination.
  • EtherFi, are private investors, but also airdrop farmed EtherFi with insider info and dumped all the ETHFI on Binance immediately

Investments

  • Do Kwon; gave a 'special shoutout for backing literally everything I've done in my career (without even a pitch)'
  • From Messari (9-3-2020):

aelf, Ampleforth, Blockstack, Bloom, Celer, Cortex, Fantom, Nexo, NKN, NuCypher, Oasis Labs, Origo Network, Perlin, Propy, TON, Thunder Token and XRP.

"Acala closed a $7 million simple agreement for future tokens (SAFT) led by Pantera Capital. Other investors in the funding round include 1confirmation, Arrington XRP Capital, ParaFi Capital, Coinfund, Spartan Capital and others."

aUSD Ecosystem Fund; one of the founding funds to grow the Acala stablecoin (23-3-2022)

"Bella Protocol (BEL) recently raised $4M in a seed funding round led by Arrington XRP Capital. 

  • BeraChain; part of the Series B $100M (12-4-2024).
  • BitClout; from (19-3-2021) Michael Arrington's own twitter: "The #bitclout FUD is just that, FUD. @arringtonXRPcap are coin-holders, other holders are tier 1 investors/people too. The service is fully launching very soon. The founders are choosing to remain pseudonymous for now. But we and other holders are DIAMOND HANDS on this one."

Team, partners

Partners